FY26 Third Quarter Budget Amendments (Resolution)

Extracted text

10766.1 1
CITY OF SANTA FE, NEW MEXICO1
RESOLUTION NO. 2026-__2
INTRODUCED BY:3
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Mayor Michael Garcia5
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A RESOLUTION10
APPROVING BUDGET AMENDMENTS AND REQUESTING THAT THE NEW11
MEXICO DEPARTMENT OF FINANCE AND ADMINISTRATION APPROVE THE12
CITY OF SANTA FE’S THIRD QUARTER BUDGET AMENDMENTS FOR FISCAL13
YEAR 2026.14
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WHEREAS, SFCC 1987, Section 11-4(D), provides that budget adjustments approved by16
the City of Santa Fe’s (“City’s”) Finance Director, City Manager, and the Governing Body shall be17
included by fund in a quarterly budget resolution approved by the Governing Body; and18
WHEREAS, NMSA 1978, Section 6-6-2(H), provides that the Local Government19
Division of the New Mexico Department of Finance and Administration has the power and duty to20
authorize local public bodies to transfer funds from one budget item to another when the Secretary21
of the Department approves and a need exists meriting the transfer and the transfer is not prohibited22
by law; and23
WHEREAS, Articles 3 and 4 of the Project Management and Fiscal Services Agreement24
for the Buckman Direct Diversion Project requires that the Buckman Direct Diversion Project25

10766.1 2
Board (“the BDD Board”) establish and submit a budget to the City, Santa Fe County, and Las1
Campanas and to condition the BDD Board’s approval of the budget on “appropriation by the City2
and/or [Santa Fe] County in an appropriate budget or budget amendment”; and3
WHEREAS, the Joint Powers Agreement for the Santa Fe Solid Waste Management4
Agency (“SWMA”) requires that the SWMA recommend an annual budget, which “shall not be5
formally adopted or implemented unless and until it is approved by each of the City and [Santa Fe6
County]”; and7
WHEREAS, the BDD Board and SWMA have approved Second Quarter adjustments for8
their respective budgets and these adjustments have been incorporated into the City’s proposed9
Third Quarter Budget amendments; and10
WHEREAS, a Third Quarter Review of the Fiscal Year 2026 Budget shows a need to11
address significant priorities through adoption of net budget amendments that the Governing Body,12
City Manager or Finance Director, Buckman Direct Diversion Board or the SWMA’s Board have13
authorized.14
NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE15
CITY OF SANTA FE that it approves the budget amendments for the BDD Board and the16
SWMA’s Board.17
BE IT FURTHER RESOLVED that the Governing Body respectfully requests that the18
Secretary of the New Mexico Department of Finance and Administration approve the Third Quarter19
Budget Amendments, as detailed on the attached Exhibit A, and that the Local Government20
Division then authorize the amendments.21
PASSED, APPROVED, and ADOPTED the ___ day of ___________, 2026.22
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10766.1 3
______________________________________1
MICHAEL J. GARCIA, MAYOR2
ATTEST:3
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___________________________________5
GERALYN F. CARDENAS, CITY CLERK6
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APPROVED AS TO FORM:8
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___________________________________10
MARCOS D. MARTINEZ, CITY ATTORNEY11
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______________________________________13
LOCAL GOVERNMENT DIVISION14
N.M. DEPARTMENT OF FINANCE15
AND ADMINISTRATION16
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Legislation/2026/Resolutions/ FY26 Third Quarter Budget Amendments25

EXHIBIT A
CITY OF SANTA FE
3rd QUARTER FY 2025/26
~ ~ ~
SUB-SECTION [A]
AMENDMENTS TO FY 2025/26 BUDGET
THAT HAVE PREVIOUSLY BEEN
APPROVED BY THE GOVERNING BODY





CITY OF SANTA FE
3rd QUARTER FY 2025/26
~ ~ ~
SUB-SECTION [B]
AMENDMENTS TO FY 2025/26 BUDGET
PREVIOUSLY APPROVED BY OTHER CITY
ACTORS PURSUANT TO SFCC 1987,
SECTION 11-4 (A), (B) AND (G)





CITY OF SANTA FE
3rd QUARTER FY 2025/26
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SUB-SECTION [C]
JOINT OPERATIONS
(BUCKMAN DIRECT DIVERSION & SF SOLID
WASTE MANAGEMENT AGENCY) –
BOARD-APPROVED AMENDMENTS TO
FY 2025/26 BUDGET



CITY OF SANTA FE
3rd QUARTER FY 2025/26
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SUB-SECTION [D]
SUMMARY OF ALL QUARTERLY
AMENDMENTS TO FY 2025/26 BUDGET BY
FUND